earnings
confidence high
sentiment neutral
materiality 0.60
Marker Therapeutics Q2 net loss narrows to $2.2M; reports positive MT-601 APOLLO data, receives $2M NIH grant
Marker Therapeutics, Inc.
2024-Q2 EPS reported
-$0.51
revenue$2,413,297
- Net loss from continuing ops $2.2M vs $4.1M YoY; cash $7.8M expected to fund into Q4 2025.
- MT-601 APOLLO study shows objective responses in 3 of 3 lymphoma patients; no CRS or ICANS observed.
- Awarded $2M NIH SBIR grant to support MT-601 lymphoma trial.
- MT-401-OTS IND cleared for AML/MDS; clinical program initiation expected Q4 2024.
- R&D expenses $2.3M (flat); G&A decreased to $1.1M from $2.5M YoY.